About the teamThe world of Risk and Regulation is changing; join us on the journey and be part of creating a new and relevant financial services industry.

Our Financial Services Risk and Regulation (FSRR) team is made up of over 50 partners and 800 professional staff and our number and capabilities are expanding every day.About the roleWithin FSRR the Model Validation team advises leading banking groups on a wide variety of risk, value and capital management issues. These include:

Portfolio modelling (risk aggregation and allocation)

Model governance and review

Model validation and assurance

Portfolio profitability and optimisation

Regulatory modelling (stress testing/IMM/FRTB/Solvency II)

Credit risk modelling and IFRS9

Essential skills and experience

First class degree (or equivalent) in numerical subject plus further qualification (such as MSc, PhD or professional qualification in relevant subject/area).

Maintaining an up-to-date view of regulatory and industry developments in relation to model validation, sharing this with the wider team and maintaining leading edge best practice in work performed.

Performing assessments of model governance, model validation policies and control processes and advising on best practice approaches.

Advising on model life cycle and model development processes as part of broader advisory engagements.

LocationLondon

Assurance

Assurance is a dynamic place to be right now, and the variety of opportunities on offer is unprecedented. It’s work that really does matter. It matters for businesses, governments and society at large. Our team provides confidence on the most complex decisions companies have to take and this provides a wealth of opportunities to everyone who joins us and works with us.

The skills we look for in future employees

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’ and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.

Every person - and every organisation - is unique. We all have different goals at work. At Guardian Jobs, we bring together like-minded job seekers and employers to create a happier world of work for everyone.